Swiss court renewed the arrest of the assets of Gazprom

The court renewed the arrest of the shares of the companies do, are responsible for the gas pipeline Nord stream.

The Supreme court of the Swiss Canton Zug has resumed the arrest of shares in Nord Stream and Nord Stream 2, which belong to the Russian Gazprom. About it reports a press-service of Naftogaz of Ukraine on Wednesday, July 4.

It is noted that the assets will remain under arrest until the appeal is considered to Naftogaz against the decision on removal of arrest from those shares, which had previously adopted the local authority to recover debts.

The shares were released from custody only on the basis of the claims of companies that they are outside of the Canton of Zug and, therefore, outside the jurisdiction of the authority to recover debts, and therefore should be excluded from the list of the arrested assets.

“If the decision of the authority on debt collection has not been suspended by the Highest court, Gazprom could dispose of their shares in Nord Stream and Nord Stream 2, even if they were in the jurisdiction of the authority to recover debts of the Canton of Zug. Now, however, the above-mentioned assets may not be withdrawn from the jurisdiction of the authority to recover debts until the final resolution of the appeal Naftogaz”, – stated in the message.

In turn, the Minister of justice Pavel Petrenko said that Ukraine has ordered Gazprom to more than 100 million hryvnia in the implementation of the decision of the Stockholm arbitration.

“We have already collected more than UAH 100 million from Gazprom to the state. Was also arrested and is aimed at achieving corporate law this company at a cost of approximately 600 million hryvnia,” – said Petrenko on Twitter.

Also, according to him, the Ministry of justice is currently negotiating with foreign legal advisers on the strategy of recovery from Gazprom 172 billion of debt.

We will note, last week Gazprom has filed a new lawsuit against the termination of existing contracts for the supply and transit of gas to Ukraine, and began the formation of the Tribunal in the Stockholm arbitration.

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